Culture is one of the most critical factors in strategy formulation and implementation.

Name: Culture is one of the most critical factors in strategy formulation and implementation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Culture affects how employees behave, communicate, and make decisions which ultimately impact the success of a company's strategy. It is important for companies to understand their own culture as well as the cultures of their target markets in order to effectively formulate and implement strategies.

Culture Is One of the Most Critical Factors in Strategy